SimpleSwap

SimpleSwap Review

What is SimpleSwap?

SimpleSwap is an instant crypto platform registered in the Marshall Islands. It launched in April 2018. 

The platform has a straight-forward and easy feeling and you can exchange cryptocurrencies as well as buy crypto for fiat. SimpleSwap was created with the main idea to make the exchange process simple and without any complications like signing up. Here's how it works:

Integration into Other Exchanges

The SimpleSwap trading system is integrated into some of the largest cryptocurrency exchanges out there, as evidenced by the picture below.

Key integrations include Exodus (NYSE-listed, powers non-custodial fixed-rate swaps and fuels the XOswap API aggregator used by MetaMask), Tangem (native swaps inside the cold wallet via Tangem Express — private keys never leave the device), Ellipal (first co-branded hardware wallet integration, 100% air-gapped), Cake Wallet (open-source privacy wallet, core swap feature since 2022), and Tonkeeper (swap engine for the leading TON ecosystem wallet).

The platform operates on a self-custodial, wallet-to-wallet model — there is no deposit storage. Crypto moves directly from your wallet to your wallet. SimpleSwap scans liquidity across its provider network and routes each swap through the optimal source, delivering competitive rates without requiring users to interact with multiple platforms directly.

SimpleSwap Supported Cryptos

Through SimpleSwap's integration with its extensive liquidity provider network, you can swap a very large selection of cryptocurrencies. The platform supports 2,800+ cryptocurrencies across 3.2 million+ trading pairs. This covers major assets, stablecoins, DeFi tokens, memecoins, and freshly launched tokens across ecosystems, including Bitcoin, Ethereum, Solana, Sui, Base, KAIA, Linea, Ronin, BNB Chain, Polygon, Avalanche, Arbitrum, and TON.

SimpleSwap Mobile Support

Not all crypto users require a desktop for their swaps. If you prefer to manage your crypto on the go, SimpleSwap's mobile app is available on both iOS and Android. The app was redesigned in 2026 with a cleaner interface, faster navigation, and fewer taps to complete a swap. Full swap functionality mirrors the desktop experience — the same 2,800+ assets, fixed and floating rates, and real-time order tracking.

The app also includes price alerts, letting you set notifications for specific cryptocurrencies and receive updates when the market hits your target level. 400,000+ app installs to date.

SimpleSwap Loyalty Program

SimpleSwap offers a four-tier Loyalty Program with progressive fee discounts on every swap and USDT cashback at higher tiers. To join, create a Customer Account or log in with Google — you automatically start at Bronze level.

Every swap you make counts toward your level permanently — there is no expiration window. Once you reach a tier, you keep it even if your volume later drops below the threshold.

*Gold and Platinum members can switch between two reward modes once per month: the default mode with cashback + standard fee discount, or an enhanced discount mode that gives up cashback in exchange for a larger fee reduction.

Cashback is paid in USDT with flexible payout options via TRX or BSC networks. Minimum withdrawal amount: 250 USDT.

Gold and Platinum members also get a dedicated personal manager via Telegram — available 24/7, responds within minutes, ready to help with any requests or issues.

SimpleSwap Affiliate Program

SimpleSwap runs an Affiliate Program that lets partners earn USDT on every swap made by referred users. The default reward is 0.4% of each completed exchange, with some tools allowing commissions of up to 5%. Rewards are paid in USDT.

Multiple integration options are available depending on your use case: full API (supports both crypto and fiat swaps), DeFi API, referral links, embeddable swap widget, banners, and buttons. The program offers a conversion rate of up to 75% on affiliate tools and can be set up in just a few clicks.

The program also includes a two-tier structure, meaning you can earn from referrals brought in by your own referrals. All affiliate rewards can be tracked and managed from your account dashboard.

SimpleSwap's affiliate infrastructure already powers 6,000+ partner integrations — from crypto wallets and payment systems to crypto services and media platforms.

To join, create an account on SimpleSwap and access affiliate tools from your dashboard.

SimpleSwap Trading View

SimpleSwap is not a traditional exchange with order books, charting tools, or advanced order types. It is a swap aggregator designed for a single purpose: converting one crypto asset into another as quickly and simply as possible.

The interface reflects that focus. You see a clean swap form: select what you're sending, select what you're receiving, choose your rate type (fixed rate — price locked for 20 minutes with guaranteed output, or floating rate — real-time market pricing), enter your wallet address, and confirm.

The quoted output amount already includes all costs — what you see before confirming is what you get. For users who want a fast, intuitive conversion tool, this interface gets the job done in seconds. Here's a peek at SimpleSwap's interface:

SimpleSwap Fees

SimpleSwap Trading Fees

SimpleSwap does not charge a separate, visible trading fee. Instead, all costs — liquidity spread, service component, and blockchain network fees — are bundled into the conversion rate displayed before you confirm a swap.

The quoted rate is the final rate. For fixed-rate swaps, this guarantee holds as long as you send funds within the 20-minute lock window. For floating-rate swaps, the final output may vary slightly based on market movements during execution.

Please be advised that part of the costs embedded in the rate consist of the trading fees charged by the relevant liquidity provider used by SimpleSwap when executing your order.

It is difficult to compare the fees charged by SimpleSwap with the industry average trading fee at a regular centralized exchange, seeing as they offer a fundamentally different type of service. CEXs charge an explicit percentage per trade but require account creation, fund deposits, and custody of your assets. SimpleSwap's advantages are self-custody, privacy, speed, and convenience — you stay in control of your keys throughout the entire process. Loyalty Program members also benefit from fee discounts ranging from 5% at Bronze to up to 40% at Platinum (in enhanced discount mode), which can meaningfully reduce effective costs for regular users.

SimpleSwap Withdrawal Fees

SimpleSwap doesn't charge any additional fees for withdrawals, seeing that they never hold any cryptocurrencies to begin with. The platform operates on a self-custodial, wallet-to-wallet model — crypto moves directly from your wallet to your wallet.

However, there are always blockchain network fees involved with transferring crypto. These fees are determined by the network, not by SimpleSwap. Typical ranges: Bitcoin $1–$10, Ethereum $2–$20+, Solana under $0.01, Polygon and BSC under $0.10.

Customer Support

SimpleSwap provides 24/7 live support. Average response time: 4 minutes. Live chat is accessible directly on the platform.

Every swap receives a unique order ID for real-time tracking: you can see exactly whether your transaction is awaiting deposit, confirming on the blockchain, routing through a liquidity provider, or being sent to your wallet.

Gold and Platinum loyalty members have access to a dedicated personal manager via Telegram for direct, fast issue resolution.

Security

SimpleSwap operates on a self-custodial, wallet-to-wallet model. The platform never holds user balances in custodial accounts — eliminating the risk category that affected platforms like FTX and Celsius, where user funds were locked and lost due to mismanagement or insolvency.

The platform screens transactions through compliance mechanisms to protect users from receiving funds with a tainted on-chain history. For most crypto-to-crypto swaps, no identity verification is required. When a transaction is flagged for review, resolution is typically fast — hours rather than the weeks common at centralized exchanges.

Eight years of continuous operation. 20M+ swaps processed. 99.9% average uptime. No hacks. No lost user funds.

Deposit Methods and US-investors

US-investors

SimpleSwap does not allow US-based users on its platform. If you're from the US and would like to engage in crypto swapping, you will need to look elsewhere.

Deposit Methods

SimpleSwap is primarily a crypto-to-crypto swap platform — you send crypto from your own wallet and receive the converted asset back to your wallet. For users entering the crypto market without existing crypto holdings, fiat purchases are available through partner providers (Mercuryo, Simplex, Guardarian) supporting multiple payment methods. Fiat transactions may require identity verification as standard for payment processors.

Withdrawals

Since SimpleSwap is non-custodial, swapped assets are typically sent directly to the user's destination wallet after the transaction completes.

FAQs

Are SimpleSwap's fees high? It is difficult to compare SimpleSwap's fees with those of typical centralized exchanges, as they offer a fundamentally different type of service. SimpleSwap is a self-custodial swap aggregator — its advantages are privacy, self-custody, speed, and convenience, rather than the lowest possible fee per trade. Loyalty Program members receive fee discounts ranging from 5% (Bronze) to 40% (Platinum), significantly reducing costs for regular users.

What is the minimum deposit on SimpleSwap? SimpleSwap is a self-custodial swap service — you never deposit funds into an account. Each swap has its own minimum amount, which varies by asset pair and is displayed before you confirm the transaction.

How long is the withdrawal time at SimpleSwap? You never withdraw anything from SimpleSwap, as the platform doesn't hold any of your assets. The question is how long it takes to receive the swapped asset in your wallet. The answer depends on blockchain confirmation times — typically a few minutes for most assets, though Bitcoin transactions can take 10–60 minutes during periods of network congestion.

Has SimpleSwap ever been hacked? No. SimpleSwap has never been hacked. Even in such a scenario, it would not result in loss of user assets, as SimpleSwap never holds user funds. The platform operates on a wallet-to-wallet model — crypto moves from your wallet directly to your wallet. Eight years of continuous operation, 20M+ swaps processed, no security incidents.

Is SimpleSwap secure? Yes. SimpleSwap's self-custodial, wallet-to-wallet model eliminates the risk category that affected custodial platforms like FTX and Celsius. The platform has operated continuously since 2018, with an average uptime of 99.9%, no hacks, and no lost user funds. Transaction screening protects users from receiving funds with a tainted on-chain history.

Where is SimpleSwap based? SimpleSwap is registered in the Marshall Islands.

Which countries are restricted from using SimpleSwap? Users from the following countries/areas may NOT use SimpleSwap's services: USA, France, North Korea, Sudan, Crimea and Sevastopol, Cuba, Syria, China, Japan, Iraq, Yemen, Somalia, Congo, Libya, Liberia, Eritrea, Mali, Zimbabwe, Côte d'Ivoire, Iran and any state, country or any other jurisdiction that is embargoed by England and Wales.

What is the Loyalty Program? Four tiers — Bronze (0 USDT, 5% fee discount), Silver (10K USDT, 10%), Gold (30K USDT, 15% or 20% enhanced), Platinum (200K USDT, 20% or 40% enhanced). USDT cashback starts at Gold (0.1%) and Platinum (0.4%). Gold and Platinum members can switch between cashback mode and enhanced discount mode once per month. Levels are permanent. Personal manager via Telegram for Gold and Platinum.

How many cryptocurrencies does SimpleSwap support? 2,800+ assets across 3.2M+ trading pairs, covering all major blockchain ecosystems. New assets are listed continuously in response to market demand.

Does SimpleSwap require KYC? Not for most crypto-to-crypto swaps. KYC may be triggered for fiat purchases through partner providers or if automated risk monitoring detects unusual patterns.

What is the Affiliate Program? SimpleSwap's Affiliate Program lets you earn USDT for every swap your referred users make. The default commission is 0.4% per completed exchange, with some tools offering up to 5%. Integration options include API, DeFi API, referral links, widgets, banners, and buttons. The program includes a two-tier structure. Create an account to get started.